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Samsung’s Bespoke Steam Rated Best Robot Vacuum-Mop in U.S. Review

Samsung’s Bespoke Steam Rated Best Robot Vacuum-Mop in U.S. Review

SEOUL, Dec. 11 (Korea Bizwire) — Samsung Electronics Co.’s Bespoke Steam ranked first in a recent U.S. consumer performance evaluation of robotic vacuum and mop products, industry sources said Thursday. The South Korean tech giant’s Bespoke Steam topped a list of 14 robot vacuum and mop products reviewed by Consumer Reports, according to the sources. [...]

Seoul to Require Labels on AI Content and Impose Punitive Damages for Misleading Ads

Seoul to Require Labels on AI Content and Impose Punitive Damages for Misleading Ads

SEOUL, Dec. 11 (Korea Bizwire) — South Korea will introduce new regulations to curb the rapid spread of artificial intelligence–generated false and exaggerated advertising, including a mandatory labeling system for AI-produced content and punitive damages for malicious misinformation, government officials said Wednesday. The package was approved at a national policy coordination meeting chaired by Prime Minister [...]

Seoul Ends Pilot Discussions on How AI Will Transform Labor in IT, Media and Law

Seoul Ends Pilot Discussions on How AI Will Transform Labor in IT, Media and Law

SEOUL, Dec. 11 (Korea Bizwire) — South Korea’s Presidential Committee on the Fourth Industrial Revolution (National AI Strategy Committee) has wrapped up a series of structured deliberation sessions designed to assess how artificial intelligence will reshape professional roles and employment, the committee said Tuesday. The talks, held between late October and early December, brought together practitioners [...]

Standalone 5G Becomes National Standard in South Korea’s AI-Era Network Strategy

Standalone 5G Becomes National Standard in South Korea’s AI-Era Network Strategy

SEOUL, Dec. 11 (Korea Bizwire) — South Korea will require telecommunications companies to shift fully to standalone 5G networks as a condition for renewing their 3G and LTE spectrum licenses, the government said Wednesday, marking a major policy push to modernize national mobile infrastructure for the artificial intelligence era. The Ministry of Science and ICT said [...]

KakaoPay Reports Surge in Digital Settlement and Wedding Gift Transfers

KakaoPay Reports Surge in Digital Settlement and Wedding Gift Transfers

SEOUL, Dec. 11 (Korea Bizwire) — The average amount South Koreans send as mobile wedding gifts has surpassed 100,000 won (US$68) for the first time this year, reflecting changing social norms and rising costs, according to new data from KakaoPay. In its annual “2025 Money Report” released Wednesday, KakaoPay said the average transfer made through its [...]

Cash Flow Surges at Korea’s Top Firms on Strengthening Chip Cycle

Cash Flow Surges at Korea’s Top Firms on Strengthening Chip Cycle

SEOUL, Dec. 10 (Korea Bizwire) — Free cash flow at South Korea’s 500 largest listed companies rose sharply over the past year, lifted by a rebound in the semiconductor market that strengthened liquidity at major chipmakers, according to industry data released Wednesday. The companies — excluding financial institutions — generated a combined 69.6 trillion won ($47.3 [...]

LG Innotek Unveils Smart IC Substrate With Nearly 50% Lower Carbon Emissions

LG Innotek Unveils Smart IC Substrate With Nearly 50% Lower Carbon Emissions

SEOUL, Dec. 10 (Korea Bizwire) — LG Innotek Co., a major South Korean electronics parts maker, has developed a next-generation smart integrated circuit (IC) substrate that cuts carbon emissions during the manufacturing process by nearly 50 percent compared with existing products, the company said Wednesday. Smart IC substrates are essential parts used to mount IC [...]

South Korea Lays Out Long-Term Plan to Cement Lead in Next-Generation Memory Chips

South Korea Lays Out Long-Term Plan to Cement Lead in Next-Generation Memory Chips

SEOUL, Dec. 10 (Korea Bizwire) — South Korea unveiled a sweeping industrial strategy Wednesday to defend its lead in advanced memory semiconductors and accelerate development in underperforming segments, as global competition over artificial intelligence (AI) chips intensifies. Industry Minister Kim Jung-kwan said the government will invest 215.9 billion won ($146.8 million) by 2032 in next-generation memory [...]

Samsung to Build High-Tech Logistics Hub in Hwaseong to Anchor Southern Seoul Industrial Corridor

Samsung to Build High-Tech Logistics Hub in Hwaseong to Anchor Southern Seoul Industrial Corridor

SEOUL, Dec. 10 (Korea Bizwire) — Samsung Electronics will establish a major high-tech logistics center inside the H-Technovalley industrial complex in Hwaseong, Gyeonggi Province, the city government said Tuesday, marking the company’s third domestic logistics base after facilities in Pyeongtaek and Gochang. Hwaseong City signed an agreement with Samsung Electronics and H-Technovalley developer H Technovalley Co. [...]

Samsung Electro-Mechanics Invests in Norwegian Motor Firm to Bolster Humanoid Robot Business

Samsung Electro-Mechanics Invests in Norwegian Motor Firm to Bolster Humanoid Robot Business

SEOUL, Dec. 9 (Korea Bizwire) — Samsung Electro-Mechanics has made a multi-million-euro investment in a Norwegian maker of ultra-small, high-performance electric motors as the company accelerates its expansion into humanoid robotics, industry sources said Tuesday. The investment in Alva Industries, founded in 2017, was made through Samsung Venture Investment and funded by the SVIC 47 New [...]